I do that to test different resolutions and such so, yes, you can do it on the fly. You just have to stop recording and go into settings and switch it, then start recording again. Quad is very stable to wait for you to do that.

Right now I have one device that could play back the full 4k stream, but it seems that future proofing and going with the P3P would be the best idea as I am quite sure I will eventually being getting 4k TV's, monitors, etc

The main advantage to 4K, at present, is that you can crop and pan your videos during the editing process, and still have full HD; or grab decent quality stills from your videos.

Most YouTube or Vimeo videos are 1080 or 720 anyway. So having ultra-high quality in your original video is an asset, but only if you plan to edit. If you don't want tinker after you shoot, it's better to shoot in 1080, thereby reducing the stress on your computer when viewing, and keeping the file sizes smaller.

The main advantage to 4K, at present, is that you can crop and pan your videos during the editing process, and still have full HD; or grab decent quality stills from your videos.

Most YouTube or Vimeo videos are 1080 or 720 anyway. So having ultra-high quality in your original video is an asset, but only if you plan to edit. If you don't want tinker after you shoot, it's better to shoot in 1080, thereby reducing the stress on your computer when viewing, and keeping the file sizes smaller.

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